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HSBC PB Asia sees US$6.4 billion in net new money inflows in 1Q19

In the first quarter of 2019, HSBC Global Private Banking witnessed positive inflows of US$10.2 billion in net new money — exceeding the US$9.6 billion it saw over the whole of 2018 — with Asia contributing US$6.4 billion in inflows, according to the bank’s 1Q19 financial results announced today. In Asia, revenue rose by US$4 million to reach US$214 million,…

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